EPR Properties (NYSE:EPR) Downgraded to “Outperform” Rating by Raymond James Financial

EPR Properties (NYSE:EPR) was downgraded by Raymond James Financial from a “strong-buy” rating to an “outperform” rating in a note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have a $60.00 price target on the real estate investment trust’s stock. Raymond James Financial’s price target suggests a potential upside of 6.61% from the stock’s previous close.

EPR has been the subject of several other research reports. JPMorgan Chase & Co. cut their price objective on EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a report on Tuesday, December 2nd. Truist Financial raised their target price on EPR Properties from $60.00 to $62.00 and gave the stock a “hold” rating in a research report on Friday, March 6th. Stifel Nicolaus set a $65.50 price target on shares of EPR Properties in a research report on Thursday, March 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of EPR Properties in a research note on Monday, December 29th. Finally, UBS Group raised their price objective on shares of EPR Properties from $54.00 to $58.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, EPR Properties presently has a consensus rating of “Hold” and a consensus price target of $59.50.

EPR Properties Stock Performance

Shares of EPR stock opened at $56.28 on Tuesday. The company has a quick ratio of 8.81, a current ratio of 8.81 and a debt-to-equity ratio of 1.26. The company has a 50 day moving average price of $56.08 and a 200-day moving average price of $54.06. EPR Properties has a 52 week low of $41.75 and a 52 week high of $62.08. The firm has a market capitalization of $4.31 billion, a PE ratio of 17.21, a P/E/G ratio of 3.40 and a beta of 0.95.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.01. The company had revenue of $182.95 million for the quarter, compared to the consensus estimate of $181.76 million. EPR Properties had a net margin of 38.27% and a return on equity of 11.81%. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.22 earnings per share. EPR Properties has set its FY 2026 guidance at 5.280-5.480 EPS. As a group, equities research analysts expect that EPR Properties will post 4.65 earnings per share for the current year.

Insider Activity at EPR Properties

In other EPR Properties news, Director Lisa G. Trimberger sold 6,633 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $57.83, for a total value of $383,586.39. Following the completion of the transaction, the director directly owned 6,586 shares in the company, valued at $380,868.38. This represents a 50.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Brian Andrew Moriarty sold 5,000 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $56.44, for a total transaction of $282,200.00. Following the sale, the senior vice president owned 13,704 shares in the company, valued at $773,453.76. The trade was a 26.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 22,133 shares of company stock worth $1,242,101. 2.31% of the stock is owned by company insiders.

Hedge Funds Weigh In On EPR Properties

Large investors have recently made changes to their positions in the business. Fourth Dimension Wealth LLC grew its position in shares of EPR Properties by 66.7% during the fourth quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in EPR Properties in the 3rd quarter worth approximately $26,000. True Wealth Design LLC grew its holdings in EPR Properties by 99.6% during the 3rd quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 230 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in EPR Properties during the 3rd quarter valued at approximately $27,000. Finally, Strategic Advocates LLC bought a new stake in shares of EPR Properties during the third quarter valued at approximately $27,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.